Bio-lubricants Market End-use Industry, By Others
Global Plastic Compounding market [2015-2023] by Middle East and Africa
By Middle East and Africa, the market is segmented into Middle East and Africa, Rest of Middle East and Africa, Turkey, Saudi Arabia, and uae (2015-2023)
| Label | Middle East and Africa | Rest of Middle East and Africa | Turkey | Saudi Arabia | uae |
|---|---|---|---|---|---|
| 2015 | 36181.10 USD Mn | 8294.90 USD Mn | 20101.90 USD Mn | 4636.40 USD Mn | 3147.80 USD Mn |
| 2016 | 38374.00 USD Mn | 8783.80 USD Mn | 21366.60 USD Mn | 4911.90 USD Mn | 3311.70 USD Mn |
| 2017 | 40717.60 USD Mn | 9305.70 USD Mn | 22720.30 USD Mn | 5206.00 USD Mn | 3485.60 USD Mn |
| 2018 | 43296.50 USD Mn | 9879.90 USD Mn | 24210.60 USD Mn | 5529.50 USD Mn | 3676.50 USD Mn |
| 2019 | 46128.30 USD Mn | 10510.00 USD Mn | 25848.30 USD Mn | 5884.60 USD Mn | 3885.30 USD Mn |
| 2020 | 49188.00 USD Mn | 11190.30 USD Mn | 27620.20 USD Mn | 6267.90 USD Mn | 4109.60 USD Mn |
| 2021 | 52682.10 USD Mn | 11967.40 USD Mn | 29643.00 USD Mn | 6705.60 USD Mn | 4366.00 USD Mn |
| 2022 | 56433.00 USD Mn | 12800.70 USD Mn | 31818.10 USD Mn | 7175.00 USD Mn | 4639.20 USD Mn |
| 2023 | 60460.40 USD Mn | 13694.40 USD Mn | 34157.40 USD Mn | 7678.40 USD Mn | 4930.20 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
Turkey accounted for the largest market share in 2016 in the Middle East and Africa plastic compounding market, and is expected to reach USD 34157.40 Million in 2023 from USD 21366.60 Million in 2016.This market is projected to grow at a CAGR of 7.03% during the forecast period from 2017 - 2023. automotive segment accounted for the largest market share in 2016, this market is expected to reach USD 16713.01 Million in 2023 from USD 9605.01 Million in 2016. This market is projected to grow at a CAGR of 8.32% during the forecast period from 2017 - 2023. polypropylene segment accounted for the largest market share in 2016, this market is expected to reach USD 18640.67 Million in 2023 from USD 11460.39 Million in 2016. This market is projected to grow at a CAGR of 7.29% during the forecast period from 2017 - 2023. However, polyethylene terephthalate segment is the fastest growing market, which is expected to grow at a CAGR of 8.23% during the forecast period 2017 - 2023.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
Unlock the Full Data
Get This Chart
Access the complete chart and underlying data to support your research, analysis, and business decisions.
Powering the world's best teams.
From next-gen startups to established enterprises.
Get in Touch
Let's work together
support@wantstats.comSee our work in action
Start your data driven journey with us!
What our clients say
Trusted by forward-thinking businesses
for data-driven intelligence



